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0120: Spouses Doing Bookkeeping Leads To Divorce
An Open Letter To Contractors Who Make Their Wives Do Bookkeeping
There is a storm brewing on the horizon, and I have to address it before it is too late to help save a few good marriages. Lately, there has been a surge of contractor's spouses who have left and filed for divorce, and a lot more are on the edge.
Girlfriends do not have as many reasons to stay so they usually pack up and leave early.
I was very fortunate to meet a wonderful woman in high school, Sharie, and we married the year after we graduated while I was attending college majoring in accounting.
As it happened, I was raised in a family that earned a living as contractors. Sharie and I spent many years working side-by-side starting, owning and operating several construction companies so this article comes from the heart as someone who lived it.
One fine sunny day in 1991 after I had been especially arrogant and short-tempered Sharie said to me: "Enough is enough! You need to get somebody else to do the contractor bookkeeping because I am done!"
That was a serious wake-up-call. Suddenly I had a major problem and needed to develop a Contractors Bookkeeping Services System because I had an accounting emergency.
I worked day and night to develop a simple contractors bookkeeping system which has evolved to the professional contractors bookkeeping services system it is now and I sincerely believe it helped save our marriage and perhaps could help save yours too!
Here is what I see repeated many times over. Contractors cross the line and begin treating their spouses as indentured servants who should be grateful for a place to live, food to eat and a bed to sleep in exchange for Providing the much needed contractor bookkeeping services including:
o Job Cost Reports
o Financial Reports
o Process Payroll
o File Monthly And Quarterly Tax Returns
o Balance The Checkbook
o Fill Out Loan Applications
o Track Employee Loans
o Issue Invoices To Your Customers
o Riding herd over subcontractors
o Working with suppliers and vendors
o Keep Track Of The Bills
o Paying The Bills
o Reconcile The Checking, Savings And Credit Card Accounts
o And Several Dozen More Construction Accounting Chores
After a while all spouses get worn out, run down frustrated, depressed, and emotional and in some cases desperate enough to take radical actions to relieve the unbearable pain even to the point of suicide.
In most cases you are being hammered by customers who are doing everything they can to drive the price of everything and everyone into the ground in what they see as a battle and a twisted attempt to get something for nothing, dare I say entitlement?
Listen to this Podcast for more…
If you are Thinking About Outsourcing Your Contractors Bookkeeping Services you are invited to download a guide to finding the right contractor bookkeeping service to fit your particular situation at www.FastEasyAccounting.com/hs
Call Sharie now 206-361-3950 or [email protected] and schedule your no charge one-hour consultation.
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By Randal DeHart, PMP, QPAAn Open Letter To Contractors Who Make Their Wives Do Bookkeeping
There is a storm brewing on the horizon, and I have to address it before it is too late to help save a few good marriages. Lately, there has been a surge of contractor's spouses who have left and filed for divorce, and a lot more are on the edge.
Girlfriends do not have as many reasons to stay so they usually pack up and leave early.
I was very fortunate to meet a wonderful woman in high school, Sharie, and we married the year after we graduated while I was attending college majoring in accounting.
As it happened, I was raised in a family that earned a living as contractors. Sharie and I spent many years working side-by-side starting, owning and operating several construction companies so this article comes from the heart as someone who lived it.
One fine sunny day in 1991 after I had been especially arrogant and short-tempered Sharie said to me: "Enough is enough! You need to get somebody else to do the contractor bookkeeping because I am done!"
That was a serious wake-up-call. Suddenly I had a major problem and needed to develop a Contractors Bookkeeping Services System because I had an accounting emergency.
I worked day and night to develop a simple contractors bookkeeping system which has evolved to the professional contractors bookkeeping services system it is now and I sincerely believe it helped save our marriage and perhaps could help save yours too!
Here is what I see repeated many times over. Contractors cross the line and begin treating their spouses as indentured servants who should be grateful for a place to live, food to eat and a bed to sleep in exchange for Providing the much needed contractor bookkeeping services including:
o Job Cost Reports
o Financial Reports
o Process Payroll
o File Monthly And Quarterly Tax Returns
o Balance The Checkbook
o Fill Out Loan Applications
o Track Employee Loans
o Issue Invoices To Your Customers
o Riding herd over subcontractors
o Working with suppliers and vendors
o Keep Track Of The Bills
o Paying The Bills
o Reconcile The Checking, Savings And Credit Card Accounts
o And Several Dozen More Construction Accounting Chores
After a while all spouses get worn out, run down frustrated, depressed, and emotional and in some cases desperate enough to take radical actions to relieve the unbearable pain even to the point of suicide.
In most cases you are being hammered by customers who are doing everything they can to drive the price of everything and everyone into the ground in what they see as a battle and a twisted attempt to get something for nothing, dare I say entitlement?
Listen to this Podcast for more…
If you are Thinking About Outsourcing Your Contractors Bookkeeping Services you are invited to download a guide to finding the right contractor bookkeeping service to fit your particular situation at www.FastEasyAccounting.com/hs
Call Sharie now 206-361-3950 or [email protected] and schedule your no charge one-hour consultation.